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Housing market recovers

Series: Financial Times ; 2/3 December 2000, 5(1)Publication details: 2000Subject(s): Summary: Nationwide reports that house prices across the country have recovered from their falls over the summer months, and bounced back. This suggests the housing market will end the year robustly. It also adds to other evidence of a strong economy, which reduces the likelihood of an early cut in interest rates.

Nationwide reports that house prices across the country have recovered from their falls over the summer months, and bounced back. This suggests the housing market will end the year robustly. It also adds to other evidence of a strong economy, which reduces the likelihood of an early cut in interest rates.